Brees and the Saints reportedly remain $5 million apart on a new deal for Brees, who finished up a six-year, $60 million deal in New Orleans this past season. The Saints are looking to clear up salary cap space for other moves, including a guaranteed deal for defensive end Will Smith.

Brees set an NFL single-season record with 5,476 passing yards in 2011. His accomplishments in his six years with the Saints include four playoff berths and a championship in Super Bowl XLIV.